{"id":11749,"date":"2024-06-14T15:08:04","date_gmt":"2024-06-14T15:08:04","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=11749"},"modified":"2024-06-14T15:08:04","modified_gmt":"2024-06-14T15:08:04","slug":"real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/","title":{"rendered":"Real estate the major driver of Telanganas gross value added growth since 2014"},"content":{"rendered":"<p>Telanganas gross value added (GVA) through service sector grew at a rate of 1.5 to 2 times between 2014-15 and 2020-21 with real estate a major contributor to this <a href=\"https:\/\/exam.pscnotes.com\/growth\">Growth<\/a>. Real estate, dwellings and professional <a href=\"https:\/\/exam.pscnotes.com\/services\">Services<\/a> were the main drivers of the <a href=\"https:\/\/exam.pscnotes.com\/services-sector\">services sector<\/a>, accounting for nearly 35 per cent of its GVA in 2020-21  the state GVAs single-largest sub-sector.<\/p>\n<p>The GVA of real estate sector is expected to reach Rs 1.85 lakh crore in 2020-21, up from Rs 96,912 crore in 2014-15. Since then, the value of GVA increased by roughly Rs 15,000 to Rs 20,000 crore year-on-year. Lockdowns and slowing down of activities had no effect on service sector growth; Hyderabad plays a significant part in this.<\/p>\n<p>The GVA of trade, repair, hotels and restaurants rose by a factor of two between 2014-15 and 2020-21. This, despite the Covid-19 pandemic. The GVA of this sub-sector is also expected to reach Rs 1.36 lakh crore this year.<\/p>\n<p>According to experts, the states robust GVA in any area  particularly the services sector  represents a healthy trend. The states GST receipts are indicative of the trend but we should also look at the number of dwellings <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> sold, not only income receipts, said A Nakula Reddy, director of Andhra Mahila Sabha College for <a href=\"https:\/\/exam.pscnotes.com\/women\">Women<\/a> and former professor at Osmania Universitys department of economics.<\/p>\n<p>Between 2015-16 and 2020-21, Gross State Value Added (GSVA)  which reflects the supply or production side of the <a href=\"https:\/\/exam.pscnotes.com\/economy\">economy<\/a>  grew at an annual <a href=\"https:\/\/exam.pscnotes.com\/average\">Average<\/a> rate of 11.6 per cent in , compared to national average <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> of 7.8 per cent at current prices. Telanganas overall GSVA increased by 2.9 per cent in 2020-21 (PE), outpacing Indias GVA growth of 5.9 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telanganas gross value added (GVA) through service sector grew at a rate of 1.5 to 2 times between 2014-15 and 2020-21 with real estate a major contributor to this Growth. Real estate, dwellings and professional Services were the main drivers of the services sector, accounting for nearly 35 per cent of its GVA in 2020-21 &#8230; <a title=\"Real estate the major driver of Telanganas gross value added growth since 2014\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/\">Read more <span class=\"screen-reader-text\">Real estate the major driver of Telanganas gross value added growth since 2014<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1097],"tags":[936],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Real estate the major driver of Telanganas gross value added growth since 2014 - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real estate the major driver of Telanganas gross value added growth since 2014\" \/>\n<meta property=\"og:description\" content=\"Telanganas gross value added (GVA) through service sector grew at a rate of 1.5 to 2 times between 2014-15 and 2020-21 with real estate a major contributor to this Growth. Real estate, dwellings and professional Services were the main drivers of the services sector, accounting for nearly 35 per cent of its GVA in 2020-21 ... Read more Real estate the major driver of Telanganas gross value added growth since 2014\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/\" \/>\n<meta property=\"og:site_name\" content=\"Current Affairs Exam\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T15:08:04+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Real estate the major driver of Telanganas gross value added growth since 2014 - Current Affairs Exam","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/","og_locale":"en_US","og_type":"article","og_title":"Real estate the major driver of Telanganas gross value added growth since 2014","og_description":"Telanganas gross value added (GVA) through service sector grew at a rate of 1.5 to 2 times between 2014-15 and 2020-21 with real estate a major contributor to this Growth. Real estate, dwellings and professional Services were the main drivers of the services sector, accounting for nearly 35 per cent of its GVA in 2020-21 ... Read more Real estate the major driver of Telanganas gross value added growth since 2014","og_url":"https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/","og_site_name":"Current Affairs Exam","article_published_time":"2024-06-14T15:08:04+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/","url":"https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/","name":"Real estate the major driver of Telanganas gross value added growth since 2014 - Current Affairs Exam","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website"},"datePublished":"2024-06-14T15:08:04+00:00","dateModified":"2024-06-14T15:08:04+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/real-estate-the-major-driver-of-telanganas-gross-value-added-growth-since-2014\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/current-affairs\/"},{"@type":"ListItem","position":2,"name":"Real estate the major driver of Telanganas gross value added growth since 2014"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website","url":"https:\/\/exam.pscnotes.com\/current-affairs\/","name":"Current Affairs Exam","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/current-affairs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/current-affairs\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/11749"}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=11749"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/11749\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=11749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=11749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=11749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}